View Single Post
  #5 (permalink)  
Old 03-05-2008, 09:03 PM
dobro dobro is offline
Senior Member
 

Join Date: May 2007
Location: southern MN
Posts: 195
Default

Quote:
Originally Posted by forextraderpro View Post
Shouldn’t I leverage heavily so I can earn more?
Well, maybe. After demo trading for months I went "live" with a 1K US acct., 2.5% risk at 20:1 leverage. It was like watching paint dry. The strategy I used then required close attention while in a trade and after 1 or 2 hours I would have less than $5 added to my margin acct. I now trade 10% & 50:1. Yes, both wins and losses are bigger but I am trading currency and not a toe dipper. The IcyCloud strategy is building up my acct nicely now. d
Reply With Quote